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Faster processing times and more access to information can further improve the services of government TBIs (technology business incubators), according to Filipino entrepreneurs.

You must be first in business at times, said Maresciel A. Yao, president and CEO of AV88 Corporation, which manufactures a wall panel made of bamboo.

鈥淥ther countries, when they see an innovation that has potential, they would support the person, entity, or business more. They would really fast-forward everything, para 鈥榩ag nagpa-patent ka, hindi ka kulelat, 鈥榙i ba (so when you patent your innovation, you鈥檙e not going to end up last, right)?鈥 Ms. Yao said in a March 4 Zoom call.

AV88 applied to , a technopreneurship program of the Department of Science and Technology鈥檚 Technology Application and Promotion Institute (DoST-TAPI), in collaboration with the LANDBANK of the Philippines.听

The program has a lending window with low-interest financing for the commercialization of patented inventions.

Ms. Yao said their request for funding assistance took them between 8 months to one year.

Sabi nga nila, while the iron is hot, dapat gawin mo na agad. Most probably, doon kailangan magkaroon ng improvement (As they say, strike while the iron is hot. Most probably, that鈥檚 where there needs to be an improvement).”

Regardless, I-TECH’s P10 million funding to AV88 about two years ago was a 鈥渂ig help,鈥 she told 大象传媒. 鈥淚t鈥檚 a big pool for us to be able to really push the product in the market.鈥

AV88 Corporation鈥檚 wall panel is accredited by the National Housing Authority as .

Information access

For John Vincent Q. Gastanes, CEO of Farm Konekt Holdings, the points for improvement for DoST鈥檚 TBIs are access to information on the DoST鈥檚 services and programs; the provision of more technical experts; and a focus on rural-based projects.

鈥淚 hope they have more platforms 鈥 like TV and radio – to share what they can do and offer, because I believe they can assist many people,鈥 he sent in a March 5 SMS.听

Farm Konekt, a farm management platform that provides software for farms and companies in need of data support and system integration, was provided P7.8 million in funding on December 2023 by DoST-TAPI’s .

The program provides multimillion grants to pre-commercialization projects and targets to fast-track the market readiness of locally developed technologies.

鈥淭hey provided funding for the IT (information technology) development of the integration system, developers, and equipment,鈥 Mr. Gastanes said in another SMS on March 4.

鈥淒OST provided support to us so we can be at par and serve international markets,鈥 he added.

The only challenging part of applying to a TBI, he said, is proposal development: “It must adhere to the standards of DoST and be backed up by previous R&D (research and development).鈥

Process improvement

The DoST-TAPI said the technical evaluation for applications could entail clarifications from evaluators, resulting in the requirement for additional information.

The process also 鈥渞equires evaluation on the financial aspect and credit investigation or worthiness of the proponent, which is done by the Landbank of the Philippines,鈥 it said in a March 5 email.

Efforts are being made to improve its processes, the institute wrote.

鈥淭his includes our hands-on assistance to facilitate pre-processing, orientations, and write shops,鈥 it said through an email to 大象传媒. 鈥淒oST-TAPI is on its second round of their write-shops this year.鈥

“We restructured our application process, implementing abstract submissions prior to the full-blown proposal submission, for the efficient checking of eligibility and documentary requirements,鈥 added Josiah M. Poyugao, a science research specialist II at DoST-TAPI.

鈥淒oST-TAPI is dedicated to assisting applicants at every stage,鈥 he said in a February 14 Viber message.

There is an ongoing call for abstracts for TECHNiCOM and i-TECH: . The deadline for both is March 31 at 5 p.m.Patricia B. Mirasol